Zepto news: Ankit Agarwal said his focus will be on building a product team that makes the "most customer-obsessed choices, and at the same time operates with very high financial discipline."
The WFDSA report mentioned that the global direct selling industry reported a decline of 1.5 per cent in 2022 to USD 172.89 billion.
The RBI Governor-headed six-member Monetary Policy Committee's meeting is scheduled on August 8-10. The policy decision will be announced on August 10 by Governor Shaktikanta Das.
Nirmala Sitharaman on GST: Finance Minister added that many common-use items and services have been exempted from GST for the benefit of the people.
Noting India as one of the fastest-growing large economies in the world, it said the country's energy demand is expected to grow rapidly as the economy expands.
Go First update: Earlier, the airline said that operations would remain cancelled till June 22 (Thursday). Aircraft of the cash-strapped carrier have been grounded since May 3.
2023 marks a defining moment for the logistics industry as it is likely to see progress on efficient transportation, resource deployment and optimisation.
In a major blow to its passengers, the low-cost airline stopped flying on May 3 and is undergoing voluntary insolvency resolution proceedings before the National Company Law Tribunal.
Revenue from operations grew by 10.04 per cent from Rs. 153.47 crore in Q4 FY22 to Rs. 168.89 crore in Q4 FY23 primarily driven by robust demand for various products in the domestic and international markets.
The company board has recommended an equity dividend of Rs 5 per share of face value of Rs 10 each i.e. @ 50% for the financial year ended March 31, 2023.
Tax collection in India: While speaking to media, Bhalla said reduction in tax rate is required to accelerate the pace of economic growth.
The company's board of directors has approved a final dividend of Rs 0.50 per share of Rs 10 each for FY23, according to a statement.
Business news: FPIs have been continuous buyers during the last 12 trading sessions. In May, through 12th, they bought equity for Rs 18,617 crore. Financials continue to be the favourite sector of FPIs. They were buyers in capital goods and autos too.
Commerce and Industry Minister Piyush Goyal is one of the co-chairs along with External Affairs Minister (EAM) S Jaishankar and Union Minister of State for Electronics and Information Technology (MeitY) Rajeev Chandrasekhar.
The 30-share BSE Sensex rallied 709.96 points or 1.16 per cent to settle at 61,764.25. During the day, it jumped 799.9 points or 1.31 per cent to 61,854.19.
Business news: In October 2021, the country's foreign exchange reserves touched an all-time high of about USD 645 billion. Much of the decline can be attributed to RBI's recent intervention and a rise in the cost of imported goods.
Both the stocks fell sharply amid reports that the merged HDFC entity could see significant outflow.
Business news: Under this partnership, passengers will now be able to receive their boarding passes at the first point of departure for all the travel sectors on a single ticket, and have their baggage checked-in through to their final destinations.
Spicejet business news: The budget airline expects a stronger balance sheet, post-hive-off of SpiceXpress. SpiceJet is one of India's airlines that has made flying affordable for Indians.
Trading in Apollo Micro Systems shares was halted after the aerospace and defence stock hit the upper circuit of 5 per cent at Rs 328.75 on BSE.
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